Weekly Update - Layer 1 & Layer 2 News (Week 52, 28/12/2021 - 3/1/2022)
Over 71M wallets hold $ETH. Cronos (CRO) climbs further: +2.07% in TVL gains, +10.86% in transactions, +12.71% in wallet addresses.
Key Takeaways
The number of Ethereum (ETH) addresses with non-zero balance hits an all-time high of 71,364,788, as of December 29, 2021. This shows the increasing adoption of the second-largest cryptocurrency. (ref)
Ethereum-based layer 2 scaling network Polygon (MATIC) has quietly fixed a vulnerability that put almost $24 billion worth of its native token at risk. (ref)
Crypto.com became a Gold Member of Singapore Blockchain Innovation Programme (SBIP). SBIP is a national-level partnership anchored at the National University of Singapore, developing use-inspired blockchain technology. (ref)
Cronos (CRO) saw a+10.86% increase in total transactions to 9.49M and an increase of TVL to $1.97B (+2.07%week-on-week). The total number of wallet addresses now stands at 308,837, up +12.71% from last week.
Highlights
Bitcoin network turns 13, celebrates with new hash rate all-time high
Ahead of SundaeSwap rollout, Cardano acquires Infinity Blockchain to expand interoperability
Efinity becomes the winner of Polkadot’s sixth parachain auction
Ethereum reaches new milestone as over 71 million wallets hold ETH
Solana's Phantom wallet sees record growth with over 1.8M MAUs in 9 months
Cardano was the most-developed crypto on GitHub in 2021, study finds
Cardano records 468% growth across all social channels in 2021
Polygon co-founders say they've gotten rid of C-suite positions
‡ Accurate as of end of November report
Sources: Coingecko, Etherscan,Ethernodes, Terra Station, Terra Etherscan, Avascan, Solana Beach, FTMscan, BSCscan,Cronos Explorer, DeFi Llama
Sources: DeFi Llama, Polyscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer
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